Lasiopetalum schulzenii, commonly known as drooping velvet-bush,[2] is a species of flowering plant in the family Malvaceae and is endemic to southern continental Australia.

It is a shrub with heart-shaped leaves and small groups of hairy white and reddish-brown flowers.

The sepals are whitish, 6–10 mm (0.24–0.39 in) long and densely covered with fine hair on the outside, less so or smooth on the inside.

[2][3][4][5] Drooping velvet-bush was first formally described in 1855 by Ferdinand von Mueller who gave it the name Corethrostylis schulzenii in his book Definitions of rare or hitherto undescribed Australian plants, later published in the Transactions of the Philosophical Society of Victoria.

[5] Lasiopetalum schulzenii grows on clifftops and in woodland and heath in the south-east of South Australia, including on Kangaroo Island and near Port Campbell and Portland south-western Victoria, where it is rare.